Greece’s debt crisis in the spotlight

U.S. stock futures are on the rise ahead of the opening bell, with a key confidence vote in Athens due later Tuesday firmly in view. See full story.

Europe fiddles while crisis strains EU principles

Yet the European Union is facing, for the first time since its foundation in the 1950s, a serious threat to its existence in its current form. See full story.

Dollar weaker; negative ZEW data weigh on euro

The euro extends gains against the dollar ahead of a pivotal confidence vote to be held by the Greek parliament. See full story.

China’s new bond buying hints at shift to euro

China likely bought more European sovereign debt in the first four months of the year than it did U.S. dollar assets, in what Standard Chartered says appears to be a concerted effort to diversify away from the greenback. See full story.

Tsunami-hit Japan town faces recovery frustration

Reconstruction moves at an uneven pace in the Japanese beach town of Shichigahama as survivors pick up the pieces and await details on funding aspects of the government’s reconstruction plan. See full story.

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